Sentences with phrase «global downturn in»

Not exact matches

For example, in 2008 they cut interest rates together in response to the deepening global downturn, and in 2011 they helped prevent runaway appreciation of the Japanese yen following a devastating earthquake.
«There's a very high probability in the next six years that there's going to be a global downturn, or at least a North American downturn,» says Michael Dolega, a senior economist with TD.
Stock markets could see a hefty fall in the coming months due to a slew of trends that point to a downturn in the global economy, one economist told CNBC.
Take the case of Lehman Brothers, the financial services firm that collapsed in 2008 and played a big role in the global economic downturn.
But the downturn in the 1980s was caused by the sudden and massive increase in interest rates by the Paul Volcker - led Federal Reserve, not a meltdown of the global financial system.
In the period leading up to the 2008 global recession, KingFisher established a war chest that allowed it not only to ride out the downturn but also finance its subsequent purchase of two Washington - based manufacturers: Renaissance Marine Group and Hells Canyon Marine (KingFisher also employs approximately 200 people at its U.S. facility).
Global stocks are in meltdown mode, the pound is getting clobbered, and analysts are getting antsy about the possibility of a serious economic downturn in the UK and elsewhere.
In other words, Osborne's cuts could lead to another downturn, which is why some economists argue he should put down the axe until the global economy strengthens.
However, growth in the classic car market is slowing, in part due to fears of a potential interest rate hike by the U.S. Federal Reserve and a downturn in global liquidity.
It appears the global economy may be moving ever closer to the the dreaded double - dip recession.The premier leading economic indicator in the U.S., the ECRI Weekly Leading Indicator (WLI), now stands at a level that foreshadowed the past 7 downturns, observes David Rosenberg, chief economist with Glushkin Sheff + Associates.
In fact, this kind of negotiated tax increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent uncertainty over the global financial system or the consummation of that uncertainty in an asset - value - destroying economic downturIn fact, this kind of negotiated tax increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent uncertainty over the global financial system or the consummation of that uncertainty in an asset - value - destroying economic downturin an asset - value - destroying economic downturn.
Western Australia and Queensland - two states hit badly by the downturn in demand for resources - have the most proactive firms targeting new markets to stay on the front foot in the face of the global economic crisis.
While the industry did initially suffer from the global downturn, the scale of the decline was greatly mitigated by long lead times in aircraft manufacturing.
While economic conditions have improved since the severe downturn we experienced in calendar years 2008 and 2009, domestic and global economic conditions remain volatile.
For example, heightened risk taking by investors and elevated leverage in large financial institutions and in shadow banking activities were among the factors that turned a downturn in the U.S. subprime mortgage market into a global financial crisis.
While financial markets have been turbulent, the recent data on economic activity suggest that the global economy is continuing to recover from the sharp downturn in late 2008 and early 2009.
Other analysts are challenging that perspective, which they said was colored, in part, by the severe downturn that hit the global economy more than five years ago.
The concerted weakening in commodity prices already suggests a global force to this economic downturn, while further weakness in the U.S. dollar would suggest that demand for U.S. goods and securities was softening even more sharply than internationally.
With global equity markets in «sell off» mode, there are fears of a sustained market downturn.
Subsequently, the global financial downturn in 2008 had the effect of making these three - year goals virtually unachievable only a few months into the three - year performance period.
The cuts in the GST / HST were done solely for political reasons, and in no way helped Canada weather the global economic downturn better than most other countries, as alleged by Mr. Boessenkool.
That said the coordinated slowdown in global manufacturing, decline in earnings and deterioration in credit markets raises the risk of a more severe downturn.
He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns.
Nevertheless, when the world economy has been in a dramatic downturn in recent weeks and some then global giants» assets are put on yard - sale, many people would expect that it might be a time for China's outward investment to come in a big wave.
These include, but are not limited to, a bear market in financial assets, a downturn in the global economy, continued currency turmoil, and of course, bullish supply - and - demand fundamentals.
In late 2002 and early 2003, the global organization — recently spun off from Bass Group — faced bloated overhead costs in the competitive hotel industry, experienced a decline in business and vacation travel because of the worldwide economic downturn and the spread of severe acute respiratory syndrome (SARS), underwent a brand name change (from Six Continents), and battled a hostile takeover attempt by British entrepreneur Hugh OsmonIn late 2002 and early 2003, the global organization — recently spun off from Bass Group — faced bloated overhead costs in the competitive hotel industry, experienced a decline in business and vacation travel because of the worldwide economic downturn and the spread of severe acute respiratory syndrome (SARS), underwent a brand name change (from Six Continents), and battled a hostile takeover attempt by British entrepreneur Hugh Osmonin the competitive hotel industry, experienced a decline in business and vacation travel because of the worldwide economic downturn and the spread of severe acute respiratory syndrome (SARS), underwent a brand name change (from Six Continents), and battled a hostile takeover attempt by British entrepreneur Hugh Osmonin business and vacation travel because of the worldwide economic downturn and the spread of severe acute respiratory syndrome (SARS), underwent a brand name change (from Six Continents), and battled a hostile takeover attempt by British entrepreneur Hugh Osmond.
Back then, the main reason for downturn in prices was obvious: the credit crisis and subsequent panic about global economic growth.
The prolonged downturn in oil and other commodity prices has pushed petrochemical and mining firms out of the Global Finance rankings of the best - performing companies in sub-Saharan Africa this year.
Given the broad, and in many cases accelerating, strength in the global economy, it seems unlikely that the recent downturn in prices is pointing toward an imminent recession.
The stark drop in natural gas prices from an all - time high of more than $ 15 per 1,000 cubic feet in 2005 to near $ 4 today results from a range of factors including the global economic downturn, competitive coal prices, unusually warm winters, the improvement of hydraulic fracturing («fracking») drilling techniques, and the production of natural gas as a byproduct when drillers frack for petroleum.
Business in Vancouver December 2 - 8, 2008; issue 997 Mining downturn hitting workforce hard Recruitment survey finds 90 % of companies have had to change business plans because of the rapid drop in global demand for raw materials Krisendra Bisetty «Tis the season to be looking for another job?
The recent downturn in the global equity market has been attributed to a litany of different things, including slowing growth in the United States, China, Europe and Japan, geopolitical issues in Russia and Ukraine, ISIS in the Middle East and even Ebola cases in the United States.
Based on more than 180,000 interviews conducted between May and October in 54 countries, 2009 GEM data show that the global economic downturn reduced the number of people who thought there were good opportunities to start a business in many parts of the world.
The crisis showed us how financial imbalances in one sector of one economy could be amplified and propagated across the entire financial system, leading to the worst global downturn since the Great Depression.
Having continued to attract leading global food manufacturers such as Boulder Brands and sustained companies such as Kellogg's, AB Inbev and Unilever throughout the economic downturn, the industry in Wales generates more turnover and employs more people today than it did near the start of the recession.
just the answer - AS Liviko chairman Janek Kalvi The Baltic countries have had it tougher than most in the global economic downturn, suffering double digit falls in gross domestic product.
«In a rollercoaster year for the global dairy industry, Arla's strong brands and focus on efficiency and cost control enabled us to make the most of the upturn and to be competitive through the downturn,» said Peder Tuborgh, CEO, Arla Foods.
Under Luke, an Asia Pacific travel retail veteran with 15 years» experience in the field, the region has become Distell's top travel retail performer, delivering robust growth despite the downturn that has hit the entire global duty - free sector.
The state pension fund's estimated value is $ 146.5 billion — the highest since the global economic downturn in fiscal year 2008 - 2009, according to Comptroller Tom DiNapoli.
In reality, the very reliance of small countries on trade, much vaunted by Price, leaves them particularly vulnerable to downturns in the global economIn reality, the very reliance of small countries on trade, much vaunted by Price, leaves them particularly vulnerable to downturns in the global economin the global economy.
He says its unfortunate we're the victim of a global downturn, and reiterates the UK is in a strong position to deal with this.
Russia is not the easiest market in which to do business, especially in the context of the savage effects of the global downturn.
In the global downturn, it is more vital than ever that Britain remains at the heart of Europe.
The global financial downturn has left the idea of unregulated markets in «profound crisis», Cabinet minister Ed Miliband has said.
The Soil Association's Organic Market Report 2012 revealed that global sales of organic products «continued to defy the economic downturn», with growth continuing into 2011, the only exception being in the UK where overall sales were down.
Global sales of organic products continue to defy the economic downturn, growing by 8.8 % in 20101 with growth continuing into 2011.
The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.
But in a series of negative pronouncements on the expected economic downturn, he said the global financial turbulence was a wake - up call for every economy in every part of the world.
Especially as the downturn in the global economy, and subsequent construction industry market, is showing signs of an increasing number of professionals moving to the Middle East.
Alternatively they could ask president Obama if he agrees with Gordon Brown's analysis that the global downturn both started in America and was Washington's fault..?
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